Xperi Holdings (XPER US) is a U.S. company engaged in IT business with two main areas: semiconductors (around 65% of revenue) and technology and intellectual property licensing. Additionally, the company develops apps and technology solutions for cars, mobiles and smart home systems. It looks highly attractive according to benchmarking multipliers assessment.
American stock markets opened on Monday with a fairly good growth
S&P500 index and NASDAQ technology index reached new historical highs. Later, quite logically, the indexes somewhat dropped, and then were moving in different directions.
The key American stock indexes were growing on Friday except for Nasdaq hovering around zero
However, banks (Federal Reserve released results of stress tests) and real economy (approval of Biden’s infrastructure plan) were in focus rather than technologies.
American stock markets were recovering from the last week’s losses
Continuing verbal interventions by policymakers and major investors had calmed the market down regarding prospects of stimulus wrapping up by Federal Reserve. For how long?